President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister of Sindh, Mian Zahid Hussain on Friday said that for economically stable, strong and prosper Naya Pakistan, overseas Pakistanis’ cooperation is vital.

Reference certain observations made by the Competition Commission of Pakistan (CCP) in its recent study on road construction sector in Pakistan, and reported in a section of media, the National Highway Authority (NHA) would like to offer the following clarifications regarding bidding process of CPEC projects, which were not covered in the subject study.

Banks have disbursed Rs 972.6 billion for FY 2017-18. The current year’s disbursement is 38.1% higher than the last year’s disbursements of Rs 704.5 billion. Further, the agri. outstanding portfolio increased to Rs 469.4 billion on end June, 2018 registering a growth of 15.7% compared with the last year’s position of Rs 405.8 billion.

OLX, the No.1 App in auto classifieds and CarFirst, a leading used-car trading platform, are set to launch Pakistan’s first ever ‘Used Car Live Auction Platform’. The first used car live auction will take place at the ‘OLX CarFirst Car Bazaar’ happening at the Expo Center Karachi on the 12th of August 2018.

The emerging LED TV manufactures of Pakistan, Tri-Angels Electronics launched the latest and top of the line LED and Laser Televisions by China’s number 1 TV brand, Hisense in Pakistan with a colorful ceremony held in Karachi. The 39-year-old brand Hisense form the past 14 years has been leading the charts in China being the No.1 TV brand and No.4 brand in the world has now launched in Pakistan through their exclusive distributing partners Tri-Angel Electronics, and have also established Hisense manufacturing plant in Karachi, Pakistan and started the production of LED TV’s.

State Bank of Pakistan has noticed misleading rumors spreading in social media regarding clearing operations of Summit Bank Ltd. It is clarified that NIFT (National Institutional Facilitation Technologies), which provides clearing services for banks, has not discontinued its membership or its services in any way for the Summit bank.

The government of UAE will be opening a new office in Karachi in next two months to attend all kind of visas including renewal of residence & work permits to facilitate Pakistanis going to UAE announced by the Acting Consul General of UAE in Karachi Bakheet Ateeq Al Romaithi, in the 1st meeting of Pakistan-UAE Business Council FPCCI, chaired by Dr.

Chief of Naval Staff Admiral Zafar Mehmood Abbasi has said that there should be no doubts on the CPEC’s benefits for the country’s future, huge reserves of hydrocarbon resources are expected to be explored soon and can be proof a game changer for Pakistan’s economy.

There are reports that fake telephone calls are being made to public by individuals impersonating as officials of State Bank of Pakistan and seeking personal information like CNIC number, bank account number, passwords, etc. on the pretext of verification of banks account.

Signify, the world leader in lighting, will be showcasing a new Internet of Things (IoT) platform, called Interact, that will enable its professional customers to unlock the full potential of connected lighting for the IoT at the IEEEP 2018 fair.

Global trade enabler, DP World today announces the signing of the acquisition of 100% of the Unifeeder Group (“Unifeeder”) for €660 million from Nordic Capital Fund VIII and certain minority shareholders. Based in Aarhus (Denmark), Unifeeder operates the largest and most densely connected common user container feeder and an important and growing shortsea network in Europe, serving both deep-sea container hubs and the intra-Europe container freight market.

The Institute of Chartered Accountants of Pakistan (ICAP) and Institute of Cost and Management Accountant of Pakistan (ICMAP) organized the much anticipated event of the corporate world, Best Corporate and Sustainability Report 2017 (BCSR) Awards at a local hotel in Karachi today.

Competitions at the Parvez Abbasi Open Shooting Championship 2018 kicked-off on Tuesday, August 7, 2018 at the Pakistan Navy Shooting Range in PNS Karsaz, Karachi. The six-day tournament has gathered shooters from across the country to compete in various type of firearms shooting sport Air Pistol, Air Rifle, Big Bore Pistol, Big Bore Rifle, Skeet Olympic, Trap Olympic and .22 Sight Rifle.

Pakistan and Turkey would work together to further intensify mutual collaboration in the field of disaster management. This was agreed during the meeting between Lt. General Omar Mahmood Hayat, Chairman of Pakistan’s National Disaster Management Authority (NDMA), and Dr. Mehmet Güllüoğlu, President of Turkey’s Disaster and Emergency Management Authority (AFAD), in Ankara today.

To support budding Pakistani startups on a larger scale, Telenor has widened the scope of its flagship ‘Velocity’ accelerator by partnering with incubation centers and other accelerators across the nation. Telenor Velocity is Pakistan’s first telco-led accelerator that helps promising startups overcome the barriers holding their business back and work closely to identify steps they need to take to achieve rapid and sustainable growth.